Lorraine Williamson
Spanish railway company Renfe has announced the creation of subsidiaries in France and Mexico to support its international expansion. This includes the promotion of the Mayan Train project in Mexico and the launch of a new high-speed train route between Barcelona and Toulouse.
The company aims for foreign operations to contribute 10% of its revenue, consolidating its presence in global rail transport.
New train connection: Barcelona-Toulouse
Renfe expects to inaugurate its new Barcelona-Toulouse train service in the second quarter of this year, marking its third connection with France. The new route will pass through Girona, Figueres, Perpignan, and Carcassonne, linking three of France’s most populous cities outside of Paris. This expansion adds to Renfe’s existing high-speed services between Barcelona-Lyon and Madrid-Marseille.
Renfe France subsidiary
To facilitate its growth in France, Renfe is establishing Renfe France, Société par Actions Simplifiée, based in Paris. This new subsidiary will promote Renfe’s expansion within the French rail sector and position the company to compete in public tenders. Renfe’s goal is to secure contracts on both the Atlantic and Mediterranean rail corridors, increasing its market share in France.
Tensions with French authorities
One of Renfe’s biggest challenges in France is securing the necessary approvals for its Barcelona-Paris high-speed line. French authorities have delayed permits, particularly for the Talgo S-106 trains, pushing back the route’s expected launch. Initially planned for late 2023, the service is now unlikely to begin before the end of 2026.
These bureaucratic delays have raised concerns within the Spanish government, with officials questioning whether France is truly committed to fair competition in the European rail market. Spain has fully opened its rail sector to foreign operators, while progress in France remains slow.
Renfe expands into Mexico
Beyond Europe, Renfe is also strengthening its presence in Mexico, where it will create a new subsidiary to support the Mayan Train project and explore further business opportunities. Headquartered in Mexico City, this new division will allow Renfe to operate independently as a railway company with its own legal status.
International growth strategy
Renfe sees these expansions as fundamental to its long-term international growth strategy. By increasing its presence in key foreign markets, the company aims to establish itself as both a railway operator and a strategic advisor for rail infrastructure projects worldwide.
The Spanish company is also exploring faster connections to Portugal, further expanding its influence in European rail transport. With its new routes and subsidiaries, Renfe is taking bold steps toward becoming a global leader in high-speed rail travel.
Also read: High-speed rail to link Almeria with France